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Ronaldo's first act is to give credti to his fellow nominees and apologises to Griezmann for defeating him in both finals.
Gareth Bale also expresses his pleasure about Wales Euro campaign, as does Griezmann for France
Ronaldo is asked if last season was his best ever. He answers, 'Probably' namechecking his teammates in Real Madrid and Portugal
A lengthy video of their feats this past season commences - and this is a feast for the eyes. Some truly stunning goals in there!
The men's award is up next, and we have three players from the city of Madrid, with Cristiano Ronaldo, Gareth Bale and Antoine Griezmann nominated.
With not much fanfare, Ada Hegerberg wins the award!
The women's award is up - with Ada Hegerberg, Amandine Henry and Dzsenifer Marozsan nominated. I'll give you some time to google them
Don't go away yet! The Best Player in Europe award is next!
Celtic will face Barcelona, Manchester City and Gladbach in Group C! Some amazing fixtures in there, including a British derby
Besiktas are drawn in Group B, where they will join Benfica, Napoli and Dynamo Kiev
FC Rostov are drawn in Group D, where they will face Bayern Munich, Atletico and PSV - what a way to make your debut!
Dinamo Zagreb are drawn in Group H, where they will join Juventus, Sevilla and Lyon. Easy.
AS Monaco are drawn in Group E, where they will face Leverkusen, CSKA Moscow and Tottenham!
Polish side Legia Warsaw are handed a tough draw with Real Madrid, Dortmund and Sporting Portugal in Group F
FC Kobenhavn are drawn with Leicester, Brugge and Porto in Group G! Is this the Europa League draw?
PFC Ludogorets are drawn with PSG, Arsenal and FC Basel in Group A!
Real Madrid legend Roberto Carlos is up next and will draw Pot 4, which include Celtic, Monaco and newcomers Rostov
Here's the updated draw:
Group A
Paris St. Germain
Arsenal
FC Basel
Group B
Benfica
Napoli
Dynamo Kiev
Group C
Barcelona
Manchester City
Borussia Monchengladbach
Group D
Bayern Munich
Atletico de Madrid
PSV Eindhoven
Group E
CSKA Moscow
Bayer Leverkusen
Tottenham Hotspur
Group F
Real Madrid
Borussia Dortmund
Sporting Clube de Portugal
Group G
Leicester City
FC Porto
Club Brugge
Group H
Juventus
Sevilla
Lyon
Borussia Monchengladbach are drawn with Barcelona and Manchester City in Group C. Let's give them a challenge people
FC Basel are drawn with PSG and Arsenal in Group A - a return for Mo Elneny there!
Belgium's Club Brugge are drawn with Leicester City and FC Porto in Group G. Somewhere, Gary Lineker is laughing maniacally in his underpants.
PSV Eindhoven are drawn with Bayern Munich and Atletico de Madrid in Group D. Oh dear.
Dynamo Kiev are drawn with Benfica and Napoli in Group B
Tottenham are up next and they can only be assigned to Group E, where they face a relatively easy draw of CSKA Moscow and Bayer Leverkusen
Sporting Clube de Portugal are up next - and they are drawn with Real Madrid and Borussia Dortmund in Group F. The Portuguese club's directors wince.
Lyon are drawn with Juventus and Sevilla in Group H. This is a rather tough group!
Lyon are up first - they can go in Groups E,F,G or H
Tottenham and Lyon are among the big names from Pot 3. Ruud gets us underway!
Pot 3 will be drawn by Manchester 'City' (Yes, that's what the female announcer said) legend Ruud van Nistelrooy. She corrects her error soon enough though. Phew
Here's the updated draw as Henry heads off stage:
Group A
Paris St. Germain
Arsenal
Group B
Benfica
Napoli
Group C
Barcelona
Manchester City
Group D
Bayern Munich
Atletico de Madrid
Group E
CSKA Moscow
Bayer Leverkusen
Group F
Real Madrid
Borussia Dortmund
Group G
Leicester City
FC Porto
Group H
Juventus
Sevilla
Manchester City are drawn in Group C, where they will face Barcelona yet again! A return for Pep Guardiola!
Atletico de Madrid are automatically assigned to Group D, where they will face Bayern Munich. Big game this!
Bayer Leverkusen can only be drawn in Group E, where they face CSKA Moscow
Napoli up next, and they join Benfica in Group B - this is shaping up to be a quite weak group
Arsenal are drawn in Group A! Where they will meet Paris St. Germain - Henry responds 'not bad'!
Henry draws his former side Arsenal
Dortmund joins Real Madrid in Group F! WHAT A BLOCKBUSTER FIXTURE!
Henry picks out Borussia Dortmund - they can only be drawn in Group E or F
Sevilla are drawn with JUVENTUS in Group H! They'll hate that
Henry draws Sevilla next, they can only be in Groups A, B, D, E or H
Porto are drawn with Leicester City in Group G!
Henry picks out FC Porto ... They can only be drawn in Groups E, F, G and H
Pot 2 with the likes of Arsenal, Atletico de Madrid and Manchester City are up next..
Clarence Seedorf leaves and is replaced by Arsenal legend Thierry Henry. He'll be deciding the fate of his former side.
Here's the draw so far:
Group A
Paris St. Germain
Group B
Benfica
Group C
Barcelona
Group D
Bayern Munich
Group E
CSKA Moscow
Group F
Real Madrid
Group G
Leicester City
Group H
Juventus
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That brings us to the end of tonight's show! Thanks for joining us and keep checking Sportskeeda.com for reactions and analysis of tonight's event!